Frank Add To Hollywood Properties

Seller Offering Some Seller Financing! This Apartment Complex Is Located On A Huge 20,953 Sf Lot. It Is 1 Block West Of Federal Highway. Most Tenants Are Month To Month But Have Been Renters For Up To 8 Years. All Units Have Updated Kitchens And Consist Of 6 Studios ($775/m Each), 4 One Bedroom ($800/month Each), 1 2/2 ($850/month), 2 Small Studios ($675/month Each). Built In 1945, With 13 Parking Spots. The Cap Rate Is 5% But Rents Are Below Market. Owner Has Current Active Hotel License. Property Can Easily Be Turned Back To A Hotel. Zoned C2 (mixed Use Commercial) For Up To 10 Story Building. Please See Photos And Attachments. Do Not Approach Tenants!